| Subject Area | Financial Regulation and Supervision |
| Issuing Body | BCBS |
| Date of Issuance | 12 October 2010 |
| Location | http://www.bis.org/publ/bcbs177.pdf |
| Summary Description |
This document aims to promote and strengthen the operation of supervisory colleges. |
| Detailed Description | The document Good Practice Principles on Supervisory Colleges supplements broader guidance issued by the Basel Committee on cross-border cooperation and information-sharing by outlining expectations for both home and host supervisors in relation to college objectives, governance, communication and information, as well as potential areas for collaborative work. Following a principle-based approach, the good practice principles are designed to allow adequate flexibility in the way that they are implemented for a wide range of banks across different jurisdictions. They are not intended to represent a definitive or exhaustive set of guidance regarding college functioning. |